07 October 2024
Stability
In September 2024, both the Fed and Bank Indonesia implemented long-awaited rate cuts. The Fed reduced its benchmark rate by 50 basis points to 5.00%, while Bank Indonesia lowered its rate by 25 basis points to 6.00%. These rate cuts have led to a decline in bond yields, though bank deposit rates haven’t necessarily followed suit. With loan growth continuing to rise, banks are still offering competitive rates to attract liquidity from customers. Meanwhile, SRBI rates are decreasing, and the issuance volume has slowed. As a result, money market bond yields are expected to remain stable.
Product Recommendation
| MONEY MARKET FUND | |
|---|---|
| MIPU | MIPU invests in Money Market Instruments with a Short-Term segment and is categorized as Low risk. Investors bear the risk associated with the Money Market Portfolio. |
| MPUS | MPUS Mutual Fund invests in Sharia-compliant Money Market Instruments with a Short-Term segment and is categorized as Low risk. Investors bear the risk associated with the Sharia Money Market Portfolio. |
For More Information
Contact Mandiri Investasi – (021) 526 3505
Mandiri Investasi Whatsapp – 0816 86 0003
Mandiri Investasi Email – [email protected]
Mandiri Investasi Website – www.mandiri-investasi.co.id
DISCLAIMER
The opinions expressed in the article are for general informational purposes only and are not intended to provide specific advice or recommendations for individuals or specific mutual fund or investment products. It is intended solely to provide education about the financial industry. Views reflected in the content may change at any time without notice. All performance data and investment returns mentioned in this article cannot be used as a basis for calculation to buy or sell a mutual fund. This data is performance records based on historical data and is not a guarantee of future mutual fund performance. Investment through mutual funds carries risks. Investors are required to read and understand the prospectus before deciding to invest through mutual funds.
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